Market "Hyperventilating" Over Economy? Gauging Fears of Interest Rates, Treasury

Joe Lavorgna, chief economist at SMBC Nikko Securities America and former Treasury advisor under President Trump, believes investors are "hyperventilating" over bond moves and interest rates. He believes there's no reason to panic unless interest rates show a strong, disorderly move. Joe explains how recent economic data and discussions from the Fed ahead of the Jackson Hole symposium suggest there's reason for investors to stay calm.